RMB was the sole co-ordination bank and joint mandated lead arranger for the 100MW Kaxu Solar One CSP Project.

Rand Merchant Bank is proud to be a key financing partner for the Kaxu Project — one of the biggest concentrated solar power (CSP) projects in the world, located in the sun-rich Northern Cape. It is the largest project to date to reach financial close in the SA Department of Energy’s Renewable Energy Programme, and one of the largest project financings in the region. RMB is also financing many other utility-scale renewable energy projects through a variety of specialised funding solutions.

RMB is a leading African Corporate and Investment Bank.

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